Groupon, was the first company of its kind to be started, and with this they challenged the business model of the retail industry. However, now that the world has been exposed to the concept of daily deals on the internet has been, many are trying to follow, and even step up Groupon's business model.
Several new start-up companies have entered the previously untapped (with the exception of Groupon that is) industry. New competitors, such as Scvngr are not charging new businesses for their first deal. In strong efforts for customer loyalty, Level Up will only make a profit, from a returning customer, after the first deal a 25% cut will be dealt to Level Up. Other businesses are profiting from publishers involved with the company. Currently, Groupon still leads the cyber deal market, by finding an intriguing deal every day.
It is still uncertain, if this business segment will succeed in the long run, or is it just a novelty marketing trend?
http://www.BuxLove.me/
ReplyDeleteYou've heard of people making money online with their own businesses or making money from advertisements on their site, if you have the chances are you've heard of paid-to-click programs, if not then the concept is simple, advertisers purchase paid-to-click adverts on sites which pay users to click adverts. So, if you signup for one of these sites you could be earning money from home, online with a few clicks! Although this paid-to-click program is fairly new it already paying out to hundreds of members!
Try BuxLove now at http://www.BuxLove.me/